BMW i5 and 5-Series Forum

Post Reply
 
Thread Tools Search this Thread
      06-17-2014, 09:39 AM   #4203
PSUSMU
Captain
99
Rep
985
Posts

Drives: 2008 Porsche 911 Carrera S
Join Date: Jun 2012
Location: Falls Church/Merrifield, VA

iTrader: (3)

Quote:
Originally Posted by F1Venom View Post
TWTR up over 3% today. Dang, pissed I sold my calls.
I always yield the highest % gains on the smallest positions. Can't complain though.
__________________
RSI, LLC | Fender Rolling | Suspension | Engine | Other Stuff
Appreciate 0
      06-18-2014, 01:25 AM   #4204
MrPrena
Captain
MrPrena's Avatar
United_States
1590
Rep
803
Posts

Drives: BMW Hyundai Nissan
Join Date: Jan 2014
Location: TB

iTrader: (0)

AMD TWTR looking good.

I am usually right on the spot, but I just cannot predict what AMD would do after July Earnings report.
Appreciate 0
      06-18-2014, 01:54 AM   #4205
MrPrena
Captain
MrPrena's Avatar
United_States
1590
Rep
803
Posts

Drives: BMW Hyundai Nissan
Join Date: Jan 2014
Location: TB

iTrader: (0)

Quote:
Originally Posted by BMW.. View Post
I'm a college kid with little to no experience in stock trading with a few 1000 to invest in. I suggested that my parents invested in intel, Johnson Johsnon, and Mattel and made a nice profit from it! Do any of the more experienced guys have any tips they can share with a noobie? Thanks fellas

$1000 is enough to start. Make this a learning experience first.
I started with 3000 when not too many people even knew what Datek was. I learned more from investing/trading than 1/2 of my educations combined.

I. Finding a good discount brokerage firm.
1. Look for lowest deposit requirement firm. Some may require fees under x amount. Avoid the fees.
2. Good reliable trading platform/brokerage. Some even have a CNBC on the platform. When I get bored, I just go to Starbucks and watch the CNBC.
3. Cheap commission.

II. Do your Homework.
1. HW on Fundamental/Technical/Economic Indicator may reduce systematic risk. However, sheepies even know how to do all that. Look at the future, not the TTMs. Recalculate the fundamentals based on what they WILL have.
2. There are some speculations involved, but some are really no brainer. M&A speculations are easy, but timing it is not.

III. Self control
1 Learn how Options trading works. Options trading is important factors.
2. Margin? I prefer not, but some do like having a margin.
3. Don't be greedy. "umm, when it reaches 100. Ummm when it reaches 101."
Appreciate 0
      06-18-2014, 06:20 AM   #4206
MrPrena
Captain
MrPrena's Avatar
United_States
1590
Rep
803
Posts

Drives: BMW Hyundai Nissan
Join Date: Jan 2014
Location: TB

iTrader: (0)

Quote:
Originally Posted by E90Alex View Post
Thoughts on LULU?
I am no Icahn nor Buffet. Simply, I would focus more on fundamentals than technicals on LULU.
Appreciate 0
      06-18-2014, 07:32 AM   #4207
M5Rlz
Colonel
253
Rep
2,203
Posts

Drives: R8, f10m59(Rip), m4, GTR
Join Date: Feb 2013
Location: MD

iTrader: (3)

Quote:
Originally Posted by MrPrena View Post
One of my former co-worker emailed me about AMZN, because they want to add more AMZN into their funds.
I told em, "I don't care if AMZN makes Terminator T-1,000,000 manufactured tomorrow, I ain't paying for 400-500 earnings multiples."
Yeah I bought it at 160ish and have zero plans to ever buy more.

Quote:
Originally Posted by MrPrena View Post
AMD TWTR looking good.

I am usually right on the spot, but I just cannot predict what AMD would do after July Earnings report.
Yeah, its just such an unknown. I've never hit them right.
Quote:
Originally Posted by NemesisX View Post
How does go pro encourage repeat business? That's the only thing that worries me about go pro. It might be a nice buy short term but I don't see the potential for sustained revenue growth.
They break real easy haha and if you look they bring new products and drop support for past models almost forcing people to upgrade granted thats a risky business practice but when you're the most well known maker beyond someone using a digital camera, or cell phone you kind of have the market to play with.

Last edited by M5Rlz; 06-18-2014 at 07:50 AM..
Appreciate 0
      06-18-2014, 11:11 AM   #4208
deeLow
DOPE
deeLow's Avatar
148
Rep
759
Posts

Drives: F80
Join Date: Jan 2014
Location: Earth

iTrader: (2)

Quote:
Originally Posted by MrPrena
Quote:
Originally Posted by BMW.. View Post
I'm a college kid with little to no experience in stock trading with a few 1000 to invest in. I suggested that my parents invested in intel, Johnson Johsnon, and Mattel and made a nice profit from it! Do any of the more experienced guys have any tips they can share with a noobie? Thanks fellas

$1000 is enough to start. Make this a learning experience first.
I started with 3000 when not too many people even knew what Datek was. I learned more from investing/trading than 1/2 of my educations combined.

I. Finding a good discount brokerage firm.
1. Look for lowest deposit requirement firm. Some may require fees under x amount. Avoid the fees.
2. Good reliable trading platform/brokerage. Some even have a CNBC on the platform. When I get bored, I just go to Starbucks and watch the CNBC.
3. Cheap commission.

II. Do your Homework.
1. HW on Fundamental/Technical/Economic Indicator may reduce systematic risk. However, sheepies even know how to do all that. Look at the future, not the TTMs. Recalculate the fundamentals based on what they WILL have.
2. There are some speculations involved, but some are really no brainer. M&A speculations are easy, but timing it is not.

III. Self control
1 Learn how Options trading works. Options trading is important factors.
2. Margin? I prefer not, but some do like having a margin.
3. Don't be greedy. "umm, when it reaches 100. Ummm when it reaches 101."
Do you have any suggestions for e-brokers, like etrade, interactive brokers, trade monster etc etc?

I've been watching for a few years and I'm ready. I was set to get going with my brother but he recently passed, so I got a little set back but now I really am determined to dive in.
Appreciate 0
      06-18-2014, 11:35 AM   #4209
MrPrena
Captain
MrPrena's Avatar
United_States
1590
Rep
803
Posts

Drives: BMW Hyundai Nissan
Join Date: Jan 2014
Location: TB

iTrader: (0)

Quote:
Originally Posted by deeLow View Post
Do you have any suggestions for e-brokers, like etrade, interactive brokers, trade monster etc etc?

I've been watching for a few years and I'm ready. I was set to get going with my brother but he recently passed, so I got a little set back but now I really am determined to dive in.
TDAmeritrade, Scottrade, Fidelity are okay. I haven't tried etrade yet, but I almost opened one , when they had a good introductory offer.
Appreciate 0
      06-18-2014, 11:42 AM   #4210
gatorfast
Major General
gatorfast's Avatar
United_States
5083
Rep
6,883
Posts

Drives: 718 Cayman
Join Date: Jan 2008
Location: SoFla

iTrader: (4)

Quote:
Originally Posted by BMW.. View Post
I don't really know alot of the words you said to me so I will have to keep educating myself... I signed up for scottrade as it is and I'm gonna deposit some money for the time being. Should I go right into stocks of options like you said? I never understood the concept of options even after reading about them online
DO NOT buy options. This was terrible advice for a beginning trader. Options are complex and volatile and typically only traded by advanced traders.

Just start slowly buying stock in companies you like. You will make a ton of mistakes in the beginning but its all about learning how the market works.
Appreciate 0
      06-18-2014, 11:49 AM   #4211
MrPrena
Captain
MrPrena's Avatar
United_States
1590
Rep
803
Posts

Drives: BMW Hyundai Nissan
Join Date: Jan 2014
Location: TB

iTrader: (0)

Quote:
Originally Posted by gatorfast View Post
DO NOT buy options. This was terrible advice for a beginning trader. Options are complex and volatile and typically only traded by advanced traders.

Just start slowly buying stock in companies you like. You will make a ton of mistakes in the beginning but its all about learning how the market works.
Quote:
Originally Posted by BMW.. View Post
I don't really know alot of the words you said to me so I will have to keep educating myself... I signed up for scottrade as it is and I'm gonna deposit some money for the time being. Should I go right into stocks of options like you said? I never understood the concept of options even after reading about them online
As gatorfast said. Study and Master the options, before you trade them.
It took me about 18moth to realize how to trade and work on option strategies.
Appreciate 0
      06-18-2014, 11:54 AM   #4212
PSUSMU
Captain
99
Rep
985
Posts

Drives: 2008 Porsche 911 Carrera S
Join Date: Jun 2012
Location: Falls Church/Merrifield, VA

iTrader: (3)

I use and really like TradeKing - $4.95 fee
__________________
RSI, LLC | Fender Rolling | Suspension | Engine | Other Stuff
Appreciate 0
      06-18-2014, 07:18 PM   #4213
MrPrena
Captain
MrPrena's Avatar
United_States
1590
Rep
803
Posts

Drives: BMW Hyundai Nissan
Join Date: Jan 2014
Location: TB

iTrader: (0)

This nominal % gain in stock market look awesome, but we are basically hedging against the excessive Money Supply. Typically, people hedge against the dollar with precious metal, but they are little played out (or overbought imho). Bond mkt is basically screwed. Housing rose a little due to cash buyers.
Even McDonald/Wendy's Dollar menu went up more than S&P500 gain.

Only place investors had was stock market.
I don't think this rally will go further than 2Q2015. I haven't seen good bull market action year before the election in 15y period.




Quote:
Originally Posted by deeLow View Post
Do you have any suggestions for e-brokers, like etrade, interactive brokers, trade monster etc etc?

I've been watching for a few years and I'm ready. I was set to get going with my brother but he recently passed, so I got a little set back but now I really am determined to dive in.
Quote:
Originally Posted by BMW.. View Post
I don't really know alot of the words you said to me so I will have to keep educating myself... I signed up for scottrade as it is and I'm gonna deposit some money for the time being. Should I go right into stocks of options like you said? I never understood the concept of options even after reading about them online
Appreciate 0
      06-18-2014, 07:57 PM   #4214
E90Alex
Colonel
E90Alex's Avatar
177
Rep
2,629
Posts

Drives: F83 M4 Competition
Join Date: Dec 2008
Location: Playa Vista, CA

iTrader: (14)

that NUGT woo
Appreciate 0
      06-18-2014, 11:19 PM   #4215
F1Venom
Banned
76
Rep
961
Posts

Drives: ZCP E90 M3
Join Date: Apr 2013
Location: USA

iTrader: (0)

Quote:
Originally Posted by E90Alex
that NUGT woo
That'll be a gold mine once precious metals enter a bull market
Appreciate 0
      06-19-2014, 12:58 AM   #4216
Inspired
Colonel
Inspired's Avatar
156
Rep
2,368
Posts

Drives: 335i
Join Date: Dec 2007
Location: California

iTrader: (2)

Quote:
Originally Posted by PSUSMU View Post
I use and really like TradeKing - $4.95 fee
I used Tradeking in the past. Very slow trade execution.

The quickest trade execution broker from my experience is Interactive Brokers or TDA. I currently use IB because of the low commission price. Paying per share vs paying a flat rate.

I use TDA for their thinkorswim platform.
Appreciate 0
      06-19-2014, 02:53 PM   #4217
MrPrena
Captain
MrPrena's Avatar
United_States
1590
Rep
803
Posts

Drives: BMW Hyundai Nissan
Join Date: Jan 2014
Location: TB

iTrader: (0)

TWTR- $39.03 right now. (2:52est). I will take 0.80% gain any day on down day.
BBRY- 2nd biggest mistake this year. Bought it at 6.45 and sold it wayyyy too early.
Appreciate 0
      06-19-2014, 03:42 PM   #4218
E90Alex
Colonel
E90Alex's Avatar
177
Rep
2,629
Posts

Drives: F83 M4 Competition
Join Date: Dec 2008
Location: Playa Vista, CA

iTrader: (14)

Quote:
Originally Posted by F1Venom View Post
That'll be a gold mine once precious metals enter a bull market
NUGT today... upset I didnt add more into the dip (when it dropped to high 20s)

EDIT: Still holding my position... just wish I added more when it dropped

Added to my position once when it dropped to 30s and wish I did it again this time

Last edited by E90Alex; 06-19-2014 at 05:39 PM..
Appreciate 0
      06-19-2014, 05:27 PM   #4219
F1Venom
Banned
76
Rep
961
Posts

Drives: ZCP E90 M3
Join Date: Apr 2013
Location: USA

iTrader: (0)

Quote:
Originally Posted by E90Alex
Quote:
Originally Posted by F1Venom View Post
That'll be a gold mine once precious metals enter a bull market
NUGT today... upset I didnt add more into the dip (when it dropped to high 20s)
Wow. I was looking over my SLV charts and it seems to have broken above a three year long resistance TL. I think it could be setting up for a massive rally to take it back into the $40s by early next year. Any thoughts? Where's Mact?
Appreciate 0
      06-19-2014, 05:42 PM   #4220
E90Alex
Colonel
E90Alex's Avatar
177
Rep
2,629
Posts

Drives: F83 M4 Competition
Join Date: Dec 2008
Location: Playa Vista, CA

iTrader: (14)

Quote:
Originally Posted by F1Venom View Post
Wow. I was looking over my SLV charts and it seems to have broken above a three year long resistance TL. I think it could be setting up for a massive rally to take it back into the $40s by early next year. Any thoughts? Where's Mact?
The only reason ive been holding NUGT was because my initial purchase was in the ~50s and I added a bit more when it dropped to low 30s a while ago. (Didnt add on this dip though)

I really should have been trading it but I decided that I might as well hold for a rebound.

Last edited by E90Alex; 06-19-2014 at 05:47 PM..
Appreciate 0
      06-19-2014, 05:50 PM   #4221
E90Alex
Colonel
E90Alex's Avatar
177
Rep
2,629
Posts

Drives: F83 M4 Competition
Join Date: Dec 2008
Location: Playa Vista, CA

iTrader: (14)

BTW, as a response to the platform question above.

I use TDA.. do not have experience using other brokers but am satisfied here because of the research that is available, etc..

May look into lightspeed later.
Appreciate 0
      06-19-2014, 10:12 PM   #4222
MrPrena
Captain
MrPrena's Avatar
United_States
1590
Rep
803
Posts

Drives: BMW Hyundai Nissan
Join Date: Jan 2014
Location: TB

iTrader: (0)

I wanted to buy 1 JUL CALL WTSL, but they are 0.05.
Too expensive. I needed to have WTSL go up almost 20 cents to break even.
NO....
Appreciate 0
      06-20-2014, 02:50 PM   #4223
MrPrena
Captain
MrPrena's Avatar
United_States
1590
Rep
803
Posts

Drives: BMW Hyundai Nissan
Join Date: Jan 2014
Location: TB

iTrader: (0)

What the heck is going on? Major indicies are up (DJIA, IXIC , GSPC, etc) but high betas are mostly down.
Appreciate 0
      06-20-2014, 03:30 PM   #4224
F1Venom
Banned
76
Rep
961
Posts

Drives: ZCP E90 M3
Join Date: Apr 2013
Location: USA

iTrader: (0)

Quote:
Originally Posted by MrPrena
What the heck is going on? Major indicies are up (DJIA, IXIC , GSPC, etc) but high betas are mostly down.
Quad witching. I saw AAPL trade 20MM shares in the first five minutes. Can't look too much into it I guess.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 01:04 AM.




g60
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST